Boardwalk Real Estate Investment Trust (TSE:BEI.UN – Free Report) had its target price boosted by National Bankshares from C$90.00 to C$93.00 in a report issued on Thursday, BayStreet.CA reports. They currently have an outperform rating on the real estate investment trust’s stock.
A number of other equities analysts have also commented on the stock. Raymond James raised their price objective on shares of Boardwalk Real Estate Investment Trust from C$95.00 to C$96.00 and gave the stock a strong-buy rating in a research note on Thursday. Scotiabank raised their price objective on shares of Boardwalk Real Estate Investment Trust from C$82.50 to C$85.00 and gave the stock an outperform rating in a research note on Thursday. Royal Bank of Canada raised their price objective on shares of Boardwalk Real Estate Investment Trust from C$88.00 to C$98.00 and gave the stock an outperform rating in a research note on Thursday. TD Securities raised their price objective on shares of Boardwalk Real Estate Investment Trust from C$90.00 to C$95.00 and gave the stock a buy rating in a research note on Thursday. Finally, BMO Capital Markets raised their price objective on shares of Boardwalk Real Estate Investment Trust from C$84.00 to C$85.00 and gave the stock an outperform rating in a research note on Monday, May 13th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of Buy and an average price target of C$89.00.
View Our Latest Report on BEI.UN
Boardwalk Real Estate Investment Trust Trading Down 1.0 %
Boardwalk Real Estate Investment Trust Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Thursday, August 15th will be paid a $0.12 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Wednesday, July 31st. Boardwalk Real Estate Investment Trust’s payout ratio is presently 9.04%.
Boardwalk Real Estate Investment Trust Company Profile
Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.
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